Sony have announced a PlayStation 4 price drop

Sony have officially announced that they will be cutting the price of their latest console, as previously predicted by Xbox Boss, Phil Spencer. Unfortunately however the only regions to be subject to the latest price cut and North America and Canada, furthermore the company also stated that the price cut will be applied to up-coming hardware bundles.So, starting tomorrow the PlayStation 4 will be available for $349.99 US Dollars, or $429.99 Canadian Dollars as a standalone unit. Alternatively you can get one of the following bundles (some of which are subject to their respective launch dates) for the new pricing structure:

However the $50 price cut hasn’t really come as much surprise given the amount of evidence we have seen to support the rumours. Just last month Sony announced a price cut for their console in Japan at the Tokyo Game show, leading fans to believe that further price cuts may be made in other regions. Following that US retailer Target accidentally leaked a price cut earlier this week, which of course sparked rumours that an announcement was imminent.

While the price cut may only affect specific regions, it’s relatively obvious that Sony could be gearing up for further reductions on a more global scale before the holiday season kicks in. Further questions arise when you consider how Microsoft are planning to react, if at all. The main question remains however, would the price cut tempt you into making the purchase? Be sure to let us know in the comment sections below!